【正文】 學(xué)校代碼 10530 學(xué) 號(hào) 201102130460 分 類 號(hào) 密 級(jí) 碩 士 學(xué) 位 論 文 銀河證券經(jīng)紀(jì)業(yè)務(wù)風(fēng)險(xiǎn)管理研究 學(xué) 院 名 稱 商學(xué)院 學(xué) 科 專 業(yè) 工商管理（MBA） Galaxy Securities Brokerage Business Risk Management StudyCandidate Zou ZhengYou Supervisor Liu HongWei College Business College Program Specialization MBA Degree Master University XiangTan University Date 學(xué)位論文原創(chuàng)性聲明與版權(quán)使用授權(quán)書湘潭大學(xué)學(xué)位論文原創(chuàng)性聲明本人鄭重聲明：所呈交的論文是本人在導(dǎo)師的指導(dǎo)下獨(dú)立進(jìn)行研究所取得的研究成果。除了文中特別加以標(biāo)注引用的內(nèi)容外，本論文不包含任何其他個(gè)人或集體已經(jīng)發(fā)表或撰寫的成果作品。對(duì)本文的研究做出重要貢獻(xiàn)的個(gè)人和集體，均已在文中以明確方式標(biāo)明。本人完全意識(shí)到本聲明的法律后果由本人承擔(dān)。作者簽名： 日期： 年 月 日學(xué)位論文版權(quán)使用授權(quán)書本學(xué)位論文作者完全了解學(xué)校有關(guān)保留、使用學(xué)位論文的規(guī)定，同意學(xué)校保留并向國(guó)家有關(guān)部門或機(jī)構(gòu)送交論文的復(fù)印件和電子版，允許論文被查閱和借閱。本人授權(quán)湘潭大學(xué)可以將本學(xué)位論文的全部或部分內(nèi)容編入有關(guān)數(shù)據(jù)庫(kù)進(jìn)行檢索，可以采用影印、縮印或掃描等復(fù)制手段保存和匯編本學(xué)位論文。涉密論文按學(xué)校規(guī)定處理。作者簽名： 日期： 年 月 日摘要證券市場(chǎng)始終是一個(gè)高風(fēng)險(xiǎn)的市場(chǎng)，證券公司如何在這樣一個(gè)變幻莫測(cè)的市場(chǎng)中生存下來(lái)，就成為了一個(gè)值得關(guān)注的問(wèn)題。在最近幾年發(fā)生的一系列金融危機(jī)事件中，始終不乏證券公司的身影。中國(guó)證券市場(chǎng)經(jīng)歷了20多年的風(fēng)雨歷程，申銀萬(wàn)國(guó)證券的倒閉，南方證券的兼并重組等一系列的危機(jī)均與其在經(jīng)紀(jì)業(yè)務(wù)中風(fēng)險(xiǎn)管理的失效密切相關(guān)。銀河證券成立十多年來(lái)，經(jīng)紀(jì)業(yè)務(wù)收入一直是公司收入的主要來(lái)源，在公司的管理體系中建立了一套較為完善的內(nèi)部管理和風(fēng)險(xiǎn)控制機(jī)制，但是即便如此，在公司的經(jīng)紀(jì)業(yè)務(wù)中每年的風(fēng)險(xiǎn)案例依舊層出不窮，因違規(guī)展業(yè)、人員管理和交易管理的原因，多次被主管部門出具了監(jiān)管函，暴露出風(fēng)險(xiǎn)管理體系存在不完善、制度執(zhí)行不到位等諸多問(wèn)題。面對(duì)嚴(yán)峻形勢(shì)，加強(qiáng)對(duì)經(jīng)紀(jì)業(yè)務(wù)風(fēng)險(xiǎn)管理的研究，完善證券經(jīng)紀(jì)業(yè)務(wù)的風(fēng)險(xiǎn)管理，成為了銀河證券當(dāng)前一項(xiàng)十分迫切的工作。本文首先介紹了證券經(jīng)紀(jì)業(yè)務(wù)的由來(lái)以及我國(guó)證券經(jīng)紀(jì)業(yè)務(wù)的發(fā)展過(guò)程，并著重介紹了我國(guó)證券市場(chǎng)經(jīng)紀(jì)業(yè)務(wù)風(fēng)險(xiǎn)管理的歷程，進(jìn)行了基本概念的界定，同時(shí)分析了風(fēng)險(xiǎn)管理理論的發(fā)展現(xiàn)狀，重點(diǎn)介紹了COSO《企業(yè)風(fēng)險(xiǎn)管理——整合框架》和IOSCO《證券公司及其監(jiān)管者的風(fēng)險(xiǎn)管理和控制指引》風(fēng)險(xiǎn)管理框架模型，并對(duì)我國(guó)證券公司經(jīng)紀(jì)業(yè)務(wù)風(fēng)險(xiǎn)管理工作中存在的問(wèn)題進(jìn)行了歸納。其次以銀河證券的經(jīng)紀(jì)業(yè)務(wù)模式和風(fēng)險(xiǎn)管理體系為樣本，用圖表法和對(duì)比法對(duì)銀河證券經(jīng)紀(jì)業(yè)務(wù)的流程進(jìn)行了描述，并結(jié)合當(dāng)前風(fēng)險(xiǎn)管理體系的運(yùn)行效果，梳理出來(lái)銀河證券風(fēng)險(xiǎn)管理的主要問(wèn)題：一. 風(fēng)險(xiǎn)管理組織結(jié)構(gòu)與業(yè)務(wù)發(fā)展脫節(jié)；二. 風(fēng)險(xiǎn)管理手段和模式滯后于業(yè)務(wù)創(chuàng)新和營(yíng)銷的發(fā)展；，缺乏外部監(jiān)督；四．風(fēng)險(xiǎn)意識(shí)薄弱，忽視風(fēng)險(xiǎn)控制。針對(duì)上述問(wèn)題，本文結(jié)合證券業(yè)務(wù)發(fā)展的預(yù)期，提出了解決方案：，設(shè)立分公司層面的二級(jí)風(fēng)險(xiǎn)管理架構(gòu)；，完善風(fēng)險(xiǎn)管理的制度建設(shè)和績(jī)效考核，建立公司經(jīng)紀(jì)業(yè)務(wù)風(fēng)險(xiǎn)管理考核目標(biāo)和預(yù)測(cè)評(píng)估體系；三. 加強(qiáng)對(duì)外聯(lián)系，引進(jìn)外部監(jiān)管；四. 培養(yǎng)誠(chéng)信為本、合規(guī)經(jīng)營(yíng)的公司文化，利用后續(xù)培訓(xùn)、定期講座等形式宣傳合規(guī)經(jīng)營(yíng)的企業(yè)文化，同時(shí)建立合規(guī)信息咨詢聯(lián)絡(luò)制度。由于本文僅以當(dāng)前銀河證券經(jīng)紀(jì)業(yè)務(wù)的風(fēng)險(xiǎn)管理為案例進(jìn)行分析，從整體風(fēng)險(xiǎn)管理的角度來(lái)看，對(duì)于證券經(jīng)紀(jì)業(yè)務(wù)與其他業(yè)務(wù)之間的相互關(guān)系和影響，還有許多值得深入研究和探討的方面。關(guān)鍵詞：銀河證券；證券經(jīng)紀(jì)業(yè)務(wù)；風(fēng)險(xiǎn)管理AbstractThe securities market is always a highrisk market, securities panies how to survive in such an unpredictable market, has bee a matter of concern. In a series of financial crises in recent years, and always some figure of securities panies. China39。s stock market has experienced 20 years of ups and downs, SWS closure of merger and reorganization of China Southern Securities series of crises failure of risk management is closely related to its brokerage business.Galaxy Securities was established more than a decade, the brokerage business ine has been the main source of ine of the pany, the management system of the pany established a relatively perfect internal management and risk control mechanisms, but even so, each year in the pany39。s brokerage business the risk of the case is still emerging, for violation exhibition industry, personnel management, and transaction management reasons, many times by the department issued a regulatory letter, exposing the risk management system there are imperfect, implementation of the system is not in place and many other issues. Faced with the grim situation, the brokerage business risk management, improve risk management of the securities brokerage business, has bee a very urgent task of Galaxy Securities.This paper first introduces the origin of the securities brokerage business and the development of China39。s securities brokerage business process, and highlights China39。s securities market brokerage business risk management process, the basic definition of the concept, while analysis of the current development of the theory of risk management, with a focus on COSO Enterprise Risk Management Integrated Framework and IOSCO Securities Company and its supervision of risk management and control guidelines risk management framework model, and the problems that exist in China39。s securities brokerage business risk management are summarized . Second, to Galaxy Securities brokerage business model and risk management system as the sample chart and parative law, the Galaxy securities brokerage business processes are described, and with the current operating results of the risk management system, to tease out the Galaxy Securities risk management major The problem: 1. detached from the risk management organizational structure and business development。 risk management tools and models lags behind the development of business innovation and marketing。 lack of foreign exchange, the lack of external oversight。 4. Risk awareness, and the neglect of risk control.In response to these problems, this paper bines the expectations of the securities business development, proposed solutions:. Quantify the degree of risk, the establishment of two branch level risk management framework。 while increasing its internal controls, improve the risk management system construction and performance appraisal, brokerage business risk management assessment objectives and forecast evaluation system。 strengthen external relations, the introduction of external supervision。 culture of honesty, the corporate culture of pliance management, followup training, regular lectures and other forms of publicity pliance to our corporate culture, while establishing Compliance Information contact system.As the article only Galaxy Securities brokerage business risk management as a case study to analyze, from the point of view of the overall risk management, the relationship between the securities brokerage business and other business, there are many worthy of further study and discussion aspects.Key Words: Galaxy Securities； the Securities Brokerage Business； Risk Management目 錄第1章 緒論。。。。。。。。。。。。。。。1。。。